Naturgy BAN SA (GBAN) — Capital Reinvestment Ratio
Latest as of March 2026:
0.38x
Naturgy BAN SA (GBAN) has a Capital Reinvestment Ratio of 0.38x as of March 2026, meaning it reinvests 0% of its operating cash flow (AR$29.95 Billion) in capital expenditures (AR$11.51 Billion). See Naturgy BAN SA free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.38x
Capex / Operating Cash Flow
Operating Cash Flow
AR$29.95 Billion
ARS
Capital Expenditures
AR$11.51 Billion
ARS
Data as of
Mar 2026
Most recent filing
Naturgy BAN SA Capital Reinvestment Ratio (2015–2025)
This chart tracks Naturgy BAN SA's Capital Reinvestment Ratio across 10 annual periods.
Annual Capital Reinvestment Ratio for Naturgy BAN SA (2015–2025)
Year-by-year Capital Reinvestment Ratio for Naturgy BAN SA from 2015 to 2025. For live market cap and broader valuation context, see Naturgy BAN SA (GBAN) market capitalisation.
| Year | Reinvestment Ratio | Operating CF (ARS) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.33x | AR$170.31 Billion | AR$56.39 Billion | ▲ +22.3% |
| 2024 | 0.27x | AR$125.50 Billion | AR$33.98 Billion | ▲ +42.7% |
| 2023 | 0.19x | AR$121.08 Billion | AR$22.98 Billion | ▼ -41.2% |
| 2022 | 0.32x | AR$11.62 Billion | AR$3.75 Billion | ▼ -18.0% |
| 2021 | 0.39x | AR$9.67 Billion | AR$3.80 Billion | ▲ +19.2% |
| 2020 | 0.33x | AR$6.43 Billion | AR$2.12 Billion | ▼ -46.9% |
| 2019 | 0.62x | AR$5.31 Billion | AR$3.30 Billion | ▼ -12.4% |
| 2018 | 0.71x | AR$4.66 Billion | AR$3.30 Billion | ▲ +46.6% |
| 2016 | 0.48x | AR$723.55 Million | AR$350.03 Million | ▲ +65.0% |
| 2015 | 0.29x | AR$817.83 Million | AR$239.78 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow